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$1.6M
$273,608
Unlock Appraised Value
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Try Picki for FREEConfidence
High
High
$2,300,000
Medium
$2,100,000
Low
$1,900,000
Confidence
Medium
This luxurious, tri-level home in Caroline Springs offers a stunning lakeside experience. Situated on the shores of Lake Caroline, it features breathtaking views and exceptional craftsmanship across three levels. The ground floor contains two spacious bedrooms and a modern bathroom. The top floor houses the master suite with a walk-in robe and ensuite, along with an additional private guest bedroom. The middle floor boasts a gourmet kitchen, expansive living space, and a balcony overlooking serene lake views. State-of-the-art heating and cooling, a theatre room, and a BBQ area enhance comfort and entertainment. This property blends luxury with functionality, promising an elegant lifestyle in a prime location.
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68.6%
$707K
4.2%
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Try Picki for FREE$155,000
-$65,789
1.5%
Asking Price
$2,100,000
Estimated Purchase Price
$1,945,000
Stamp Duty
$106,975
Transfer Fee
$3,616
Conveyancing
$1,196
Deposit (10%)
$194,500
Reg. Mortgage
$129
LMI Premium
$60,860
Renovation Costs
-
Total Cash/Equity Required
$367,825
Assumptions
Year 1
Year 10
Rent Received
+4.0% PA
$28,600
$40,707
Property Management
+7.7% PA
$2,202
$3,134
Rates
+3.0% PA
$1,584
$2,067
Water
+3.0% PA
$1,015
$1,324
Insurance
+3.0% PA
$1,250
$1,631
Repairs & Maintenance
+3.0% PA
$1,000
$1,305
Net Operating Income
$21,549
$31,245
Interest Repayments
$115,533
$115,533
Net Cashflow Before Tax
-$93,984
-$84,288
Depreciation
-
-
Tax Offset
-$28,195
-$25,286
Net Cashflow After Tax
-$65,789
-$59,001
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Try Picki for FREEAssumptions
Year 1
Year 10
Property Value
6.8%
$2,242,800
$4,054,449
Loan Balance
I.O
$1,750,500
$1,750,500
$492,300
$2,303,949
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2021 Population
Suburbs
Retail Trade - 14.0%
Education and Training - 14.0%
Construction - 11.0%
Health Care and Social Assistance - 10.0%
Others - 51.0%
Average Income
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Trusted by over 13,000 property buyers and counting...
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projected
for 2024 to 2026
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Trusted by over 13,000 property buyers and counting...
Try Picki for FREEMonthly % Change in Median House Prices (Prev. Quarter)
Average Rental Yield
Average Vacancy Rate
Average Days of Supply
No data available
Average Population
Sold Price
Asking Price
